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Asra Minerals Limited ( (AU:ASR) ) just unveiled an announcement.
Asra Minerals Limited has completed the sale of the Tarmoola Pastoral Lease to Vault Minerals Ltd for $3 million, enhancing its financial position. The proceeds will be used to accelerate exploration and regional consolidation efforts in the Leonora Gold Projects, aiming for high-grade discoveries. The sale reduces operational costs and supports Asra’s strategy to advance its assets and create long-term value in the prolific Leonora Gold region.
More about Asra Minerals Limited
Asra Minerals Limited is a company operating in the mining industry, with a focus on gold exploration. The company has a significant land package in the Leonora gold region, known for its rich gold deposits. Asra Minerals has multiple historical gold mines on granted mining leases and is actively pursuing exploration and growth initiatives to discover high-grade gold resources.
Current Market Cap: €4.16M
Find detailed analytics on ASR stock on TipRanks’ Stock Analysis page.